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The Economic Times

Debaroti Adhikary

Tech Mahindra Q1 Results: Net profit rises 28% YoY to Rs 1,465 crore, revenue up 18%

IT services major Tech Mahindra on Thursday reported a consolidated net profit of Rs 1,465 crore for the first quarter of FY27, rising 28% year-on-year (YoY) from Rs 1,140.6 crore net profit reported in the year-ago period.

Sequentially, the company’s net profit rose over 8% quarter-on-quarter (QoQ) from the Rs 1,353.8 crore reported in the March quarter of FY26. Revenue from operations meanwhile jumped 18% YoY to Rs 15,712 crore in Q1 FY27, from Rs 13,351.2 crore in Q1 FY26.

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